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wirelessman77

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wirelessman77

Re: horndawg77 post# 1994

Friday, 03/24/2017 2:59:38 PM

Friday, March 24, 2017 2:59:38 PM

Post# of 4715
Average Joes 10-15%
Solus / Samberg 20-30%
That leaves a balance of 55-70% outstanding.

You have to assume many funds, investment cos etc...dumped and took the tax write off. In the year leading up to the common share extinguishment 1.5X to 2X the share balance of 48M traded. I would assume as I always have that various players linked to Solus / Samberg and others scooped this up for the sub nickel prices it traded at. Either way they come out with the riches. If it all goes to the debtors or the courts and fcc include the common shareholders it is a small price to pay of the overall riches for what they pulled off.
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